APM Terminals Pipavav will invest around $90 million in a new liquid berth. The port’s current capacity to handle 2 MMT of liquid bulk will increase to 5.2 MMT. The investment supports the port’s objective of contributing to the growth of India's logistics infrastructure…
Germany's liquefied natural gas (LNG) terminal project at Stade said it would in the coming weeks begin testing market appetite for ammonia as a way to transport hydrogen, as the country's efforts to end reliance on Russian pipeline gas gather pace…
U.S. producers of liquefied natural gas (LNG) exported at top capacity in April for a second consecutive month, with over two-thirds of shipments bound for Europe and rising volumes to Latin America, Refinitiv Eikon data showed on Monday.Following…
A Ukrainian drone strike set ablaze a Russian fuel storage facility in the Crimean port of Sevastopol early on Saturday, sending a vast column of black smoke into the sky in the latest attack on the Russia-occupied peninsula.The city's Moscow…
A new ammonia floating storage regasification unit (FSRU), the first of its kind in Korea, has been awarded approval in principle (AIP) from Lloyd’s Register (LR), the classification society announced Tuesday.Developed by HD Hyundai Heavy Industries…
Oil loadings from Russia's key western ports in April will rise to the highest level since 2019, above 2.4 million barrels per day (bpd) despite Moscow's pledge to cut output, trading and shipping sources said.Russian crude exports and transit from the ports of Primorsk…
DP World has kicked off the development of a new edible oil terminal at the Port of Berbera in Somaliland. It has already agreed to a long-term lease for the facility.The edible oil terminal will be the latest addition to Berbera’s growing trade ecosystem…
Oil exports from northern Iraq to the Turkish port of Ceyhan remain at a standstill almost three weeks after an arbitration case ruled Ankara owed Baghdad compensation for unauthorised exports.The March 23 arbitration ruling by the International…
The Biden administration on Thursday approved exports of liquefied natural gas from the Alaska LNG project, a document showed, as the United States competes with Russia to ship natural gas from the Arctic to Asia.The Department of Energy approved…
Political pressure is building within the European Union to tackle the daunting challenge of closing a loophole in its efforts to stop using Russian fossil fuels: liquefied natural gas (LNG).In the year since Russia's February 2022 invasion of Ukraine…
Finland’s new Inkoo floating storage regasification unit (FSRU) terminal on Sunday accepted its first cargo of liquefied natural gas (LNG).The cargo, which was ordered by Elenger, the largest privately owned energy company in the Finnish-Baltic region…
The Spanish government has tightened its rules around ship-to-ship oil transfers after an uptick in the activity along its coastline.Oil tankers seeking to carry out operations off the Mediterranean and Atlantic shores, even outside territorial waters…
U.S. power and gas utility Sempra Energy said on Monday the first phase of its proposed Port Arthur liquefied natural gas (LNG) export terminal received the financial greenlight to move ahead with investment firm KKR & Co agreeing to a minority stake in the project…
Stolt Tankers acquired two 15,000 dwt stainless steel chemical tankers built in 2018 and 2019 respectively. The ships will be named Stolt Condor and Stolt Tucan, joining Stolt Tankers’ Inter-Caribbean service (SNICS) improving Stolt Tankers’…
Shipments of refined products from French refinery and depots were blocked on Monday by a 13th day of strike action, though some refineries operated with a reduced flow, a company spokesperson said.The industrial action is part of a nationwide…
